Pfizer

A tornado that ripped through a Pfizer plant in Rocky Mount, N.C., raised worries about shortages of medicines used in hospitals. The drugs include commonly used painkillers and anesthetics.

A tornado that tore through eastern North Carolina and struck a large Pfizer pharmaceutical plant has damaged its drug storage facility but not its medicine production areas.

The company says its factory near Rocky Mount, North Carolina, makes nearly 25% of Pfizer's sterile injectable medicines used in U.S. hospitals

The shortage comes as there has been a steady increase in rates of syphilis since 2000. Inventory can start depleting as early as this month, Pfizer said.

The medication has been used by millions of Americans since the FDA granted it emergency use authorization in late 2021. The FDA has the final say on giving Pfizer's drug full approval and is expected to decide by May.

Pfizer plans to let the biotech drug developer continue innovating, except with more resources. Seagen's key products use monoclonal antibodies that help deliver a cancer-killing drug while sparing surrounding tissue.

The government soon will stop paying for the covid drug that has proved to be the most effective at keeping patients alive and out of the hospital.

The youngest tots already are supposed to get three extra-small doses of the original vaccine as their primary series. Pfizer says that if the FDA agrees, the updated vaccine would be used for the third shot.

While sales of its COVID vaccines are falling, Pfizer plans to triple the price of the shots and use its bonanza from government contracts to buy and develop new blockbusters.

The drugmaker says it expects many people will continue receiving doses for free. However, commercial pricing for adult doses could start early next year, depending on when the U.S. government phases out its vaccine program.